40, MULBERRY COURT, TAVERHAM, NORWICH, NR8 6YJ - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 MULBERRY COURT is a very small detached house of 50m², built sometime between 1991 and 1995. It was last sold for £225,000 in August 2023, which was around 45% below the average August 2023 detached price in the Broadland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

40 MULBERRY COURT Sold Prices

Land registry data shows four sales for 40 MULBERRY COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 40 MULBERRY COURT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 2 AUG	£225,000	£411,602	45% below HPI
2015 12 JUN	£158,000	£274,912	43% below HPI
2001 1 NOV	£69,500	£141,989	51% below HPI
1997 28 FEB	£76,950	£75,706	2% above HPI

40 MULBERRY COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 40 MULBERRY COURT sales between February 1997 and August 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 40 MULBERRY COURT?

40 MULBERRY COURT is 50m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 40 MULBERRY COURT lies on this distribution: 1% of detached houses are smaller than 40 MULBERRY COURT, and 99% of houses are larger. Note that EPC data is not available for all properties in Taverham.

40 MULBERRY COURT: Plot and Title Map

40 MULBERRY COURT sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 40 MULBERRY COURT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 MULBERRY COURT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 MULBERRY COURT?

40 MULBERRY COURT is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 40 on MULBERRY COURT.